According to Bank for International Settlements (BIS) data, the RMB real effective exchange rate index fell 1.45% to 120.42 in June, falling for four months in a row to a new low of half a year. After the May correction, it fell 1.47%. Also, the RMB nominal effective exchange rate index fell 1.38% to 115.89 in June, falling two months in a row to a half-year low. After the May correction, it fell 1.33%.
According to BIS data, the real effective exchange rate of the RMB fell by 0.54% this year, while the nominal effective exchange rate fell by 0.22%. (da/u) ~